The Progressive Corporation
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $1.06B | $-70.0M | $1.18B |
| Depreciation & Amortization | — | — | — |
| Depreciation | $87.3M | — | — |
| Amortization | — | — | — |
| Stock-Based Compensation | — | — | — |
| Net Cash from Operating Activities | $1.49B | $1.55B | $1.79B |
| Investing Activities | |||
| Capital Expenditures | $66.6M | $98.5M | $136.3M |
| Business Acquisitions | — | — | — |
| Net Cash from Investing Activities | $-1.18B | $-1.31B | $96.1M |
| Financing Activities | |||
| Dividends Paid | $0 | $98.3M | $1.41B |
| Stock Repurchases | $180.6M | $179.4M | $1.55B |
| Net Cash from Financing Activities | $-152.1M | $-239.6M | $-1.89B |
| Net Change in Cash | $157.8M | $-2.9M | $200.0K |
| Free Cash Flow | $1.42B | $1.45B | $1.65B |